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Dec 5, 2012
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economy behind the times. plus, a preview of what stocks investors are looking to own after ringing in the new year. the sudden flow of one hundred dollar bills is indicating a rise in fishy activity. and, bring on the breakout. are the markets poised for a swing to the upside? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, december 5th. i'm angela miles. in today's first look: standstill. that's what's happening with the budget talks in washington, and it's reflected on wall street. stocks barely budged yesterday. gold, however, was a major mover. what that tells traders is coming up in the show. pandora hit a sour note with investors last night. shares plunged after the company revealed a loss of advertising money as lawmakers fail to find harmony over averting the fiscal cliff. the brand new dreamliner is under review after making an emergency landing in new orleans due to a mechanical glitch. larry shover of s
economy behind the times. plus, a preview of what stocks investors are looking to own after ringing in the new year. the sudden flow of one hundred dollar bills is indicating a rise in fishy activity. and, bring on the breakout. are the markets poised for a swing to the upside? first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, december 5th. i'm angela miles. in today's first look: standstill. that's...
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that's good fuel economy. but far short of the 47 m p g that ford claims. >> ford contend it heard from some of the drives of fusion that they have gotten more than 47 miles per hour. and ford adds that driving styles another factor can cause mileage to vary. >> back to football now. festive raider fans have made their mark as most outlandish in football. raider nation truly in the league of its own. katie checked in with fans at raiderville before tonight's game. >> raider fans dedicated as they are decorated. most are outgoing. some are shy like she wouldn't tell me her age. >> she's young at heart. >>reporter: she and her son came up from l.a. >> this is our first raider game so this is exciting for u us. >>reporter: excitement and for some acceptance. >> that's right. it's all about having a good time. raiders broncos tonight matter all about having a good time. >>reporter: good time easy to find in raiderville and fans get to meet former players and snag an autograph but super fan james sorenson of haywar
that's good fuel economy. but far short of the 47 m p g that ford claims. >> ford contend it heard from some of the drives of fusion that they have gotten more than 47 miles per hour. and ford adds that driving styles another factor can cause mileage to vary. >> back to football now. festive raider fans have made their mark as most outlandish in football. raider nation truly in the league of its own. katie checked in with fans at raiderville before tonight's game. >> raider...
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Dec 6, 2012
12/12
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economy. , introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hot spot that connects your wi-fi devices and can even save on your smart phone data usage at home. so call now to get at&t u-verse high speed internet for just $14.95 a month for 12 months with a one-year price guarantee. that includes access on-the-go to our entire national wi-fi hot spot network, with over 30,000 hot spots. at&t u-verse high speed internet. now on our newly expanded advanced digital network, a connection your whole house can count on. ♪ your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples. that's a given. you need safeway sugar for just $1.97. and that magic t
economy. , introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hot spot that connects your wi-fi...
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Dec 3, 2012
12/12
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KICU
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economy as much as $1 billion a day. >>> in our continuing cover repblg of the if fiscal cliff, treasure secretary bluntly re-- continuing coverage of the fiscal cliff. treasure secretary bluntly reject today. >> they cost $1 trillion over 10 years and no possibility that we are twoing to find going to get it without it going back up. >> seven weeks between election day and the end of the year. and three of those weeks have been wasted. >> the house speaker want on to say he was flabbergasted by the plan. they say tell take another week for serious negotiations to begin. >>> the supreme court may announce tomorrow if it will review california's prop 8 case over same sex marriage. the justices met behind chosed doors on friday but took no action on prop 8 or other casees. if the court declines to review prop 8 it will be immediately legal for same sex couples to marry in california f. it takes it up for review a final decision can change it up in every state. >> lawmakers in sacramento begin a new section with promises not to raise taxes. democrats won a majority in both houses in the ele
economy as much as $1 billion a day. >>> in our continuing cover repblg of the if fiscal cliff, treasure secretary bluntly re-- continuing coverage of the fiscal cliff. treasure secretary bluntly reject today. >> they cost $1 trillion over 10 years and no possibility that we are twoing to find going to get it without it going back up. >> seven weeks between election day and the end of the year. and three of those weeks have been wasted. >> the house speaker want on to...
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the question would be, how much harm will this do to the economy? i should say, once you see that prospect of everyone's taxes going up, i do think that no matter what, by mid-january at the latest, you will see that tax rate reinstated for most americans. >> psychological lit's causing damage. confidence drop as well because of what's going on in washington. george, thank you. >>> today on the show, we got a big show, george has two powerhouse roundtables. later this morning on "this week." >>> time now for a check of the weather with ginger dee. >> most the nation is snow-starved. overnight, we're getting our first big meal of snow that is. sacred heart, minnesota, picked over 4 inches, 4.5. these are preliminary numbers. because the snow is coming down hard. look at fargo. it's coming down an inch an hour. you know those totals are going to change and change quickly. look who's enjoying it. iowa, there, in briar cliff the kids saying, all right, it's time. one more very snowy drive wway. let's get right there to the snowstorm. how much more can w
the question would be, how much harm will this do to the economy? i should say, once you see that prospect of everyone's taxes going up, i do think that no matter what, by mid-january at the latest, you will see that tax rate reinstated for most americans. >> psychological lit's causing damage. confidence drop as well because of what's going on in washington. george, thank you. >>> today on the show, we got a big show, george has two powerhouse roundtables. later this morning on...
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Dec 3, 2012
12/12
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he proposes a tax cuts and stimulating spending to stimulate the economy. the two sides may try to come together. waiting for a chance to dry out here. a lot of clouds and traffic. 50 degrees in san francisco and a high in the upper 50s. >> watching flood levels this morning on bay area rivers as many are staying in their banks. we did have some flooding. the napa river reached flood stage yesterday afternoon. mayor to clean up in lafayette with the sinkhole and excavator is on this and not picking up debris. >> we get a dry day today but not for a long >> we should expect them rally later on tomorrow in the evening hours. it will pick up in intensity wednesday morning. tomorrow will be a -- today will be a dry day in the bay area. a cold start to the morning and low '40's for napa fairfield and 50 out the door in san francisco. afternoon highs, we will not warm-up by much. everyone is in the same boat. 62 and hayward and 52 in the city. napa and santa rosa at 62. satellite and radar shows a lot of cloud cover coming our way. that is all ahead of the next s
he proposes a tax cuts and stimulating spending to stimulate the economy. the two sides may try to come together. waiting for a chance to dry out here. a lot of clouds and traffic. 50 degrees in san francisco and a high in the upper 50s. >> watching flood levels this morning on bay area rivers as many are staying in their banks. we did have some flooding. the napa river reached flood stage yesterday afternoon. mayor to clean up in lafayette with the sinkhole and excavator is on this and...
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. >>> we'll turn now to if fiscal cliff, 30 days from an economy-crippling deadline. yet talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. >> last weekend, you sat right here and you said you were reasonably optimistic that a deal could be afoot. in the intervening week, lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these negotiations. treasury secretary geithner when he went up to capitol hill, mitch mcconnell laughed when they got the offer from geithner. house speaker boehner said that the talks are at a stalemate. democrats said they're not going to make another move until republicans say they're going to go for an increase in tax rates. so, this is stalemate right now. now, these things always look horrible when they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> if we go over the fiscal cliff, voters will likely blame the republicans for that. is is tha
. >>> we'll turn now to if fiscal cliff, 30 days from an economy-crippling deadline. yet talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. >> last weekend, you sat right here and you said you were reasonably optimistic that a deal could be afoot. in the intervening week, lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these...
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Dec 4, 2012
12/12
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it means that lending dollars which is blood of our economy. they're taken smaller losses and they are increasing their income from their debts. >> a kettle losers is facebook agreed to pay $2 million to users which will be $10 each in settlements. this will basically go to the appetizers advertisers. th'l you will get is $10. i thought maybe that would give me facebook credit. >> privacy is a big issue and especially when you are on line. when i talk to high-school students i tell them not to postings on facebook because a person like me will not hire you. >> they do not rely set their digital footprints will follow them for the rest of their lives. the things that you did when you were 16 will follow you. >> ok another loser, is the new air jordan sneakers are getting absolutely destroyed. it has a zipper stock like a feature. michael jordan is stating that he wanted to sneak up on his opponents but to me it just looks poorly designed. $250 for the issue. >> i guess it's okay if you want to be like mike. >> the time now is 917 and will take a
it means that lending dollars which is blood of our economy. they're taken smaller losses and they are increasing their income from their debts. >> a kettle losers is facebook agreed to pay $2 million to users which will be $10 each in settlements. this will basically go to the appetizers advertisers. th'l you will get is $10. i thought maybe that would give me facebook credit. >> privacy is a big issue and especially when you are on line. when i talk to high-school students i tell...
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Dec 8, 2012
12/12
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. >> this is the only way to put our economy without asking more. this is the only plan that i am willing to sign. >> for the gop, florida senator marco rubio says tax increases will not solve the nation's 16 trillion dollar debt. he says the only way to do that is through economic growth and reform of entitlement programs. rubio says that limited government can help restore the middle class. >> be extra careful of side due to the fog. this is a view from our mt. tam and there is fog in the midst of clouds. it is partly cloudy. it is mostly sunny conditions for the afternoon. clear skies are expected for the afternoon. it take a look at the yellow on your spring this is where the dense fog advisory has been issued. this is set to expire about 11:00 a.m.. napa as well as fairfield are affected by this dense fog. you can see where this is sitting in the north bay as well as the bay shore area. by 10:00 a.m. we are expected clear skies and it will stay this way for the rest of the after dole. afternos 37 degrees and napa and upper 30's for sunnyvale. t
. >> this is the only way to put our economy without asking more. this is the only plan that i am willing to sign. >> for the gop, florida senator marco rubio says tax increases will not solve the nation's 16 trillion dollar debt. he says the only way to do that is through economic growth and reform of entitlement programs. rubio says that limited government can help restore the middle class. >> be extra careful of side due to the fog. this is a view from our mt. tam and there...
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Dec 10, 2012
12/12
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this will break records and this will show that the economy is recovering. the shipments to buy these companies are indicators that by as a buyer gifts on- line this will help them. we're not using the high and services over night with no two or three day deliveries. it is nice to see that they're doing good. >> let's talk about china. they passed a japan and we have a prediction--2030 is a new year that is out by independent study. they are continuing to grow and this research stated that russia will probably weigh but china will grow. they stated that american will remain the worldwide leader because we found ways to get oil. some of your money has to go to the international market. i like china as a long-term player. >> $50 million for a pepsi commercial. this is a smart mold for her.move for her. beys a big deal with them. they're all advertising rebel, a toyota and their advertising by using musicians. they are supporting the artist. >> the company that sells soda support-- >> on to bay area traffic. >> we start with a live look in the city on our roof
this will break records and this will show that the economy is recovering. the shipments to buy these companies are indicators that by as a buyer gifts on- line this will help them. we're not using the high and services over night with no two or three day deliveries. it is nice to see that they're doing good. >> let's talk about china. they passed a japan and we have a prediction--2030 is a new year that is out by independent study. they are continuing to grow and this research stated...
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Dec 7, 2012
12/12
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obama will improve the economy. >> the u.s. supreme court is scheduled to meet behind closed doors began today to consider reviewing the legal issues regarding same-sex marriage. that includes the challenge to california's controversial proposition 8. if the court refuses to review the prop. 8 case same-sex marriage would be legal in california and same-sex couples could marry as soon as next week. >> san jose firefighters are investigating three alarm fire that ripped through a restaurant. the fire broke out last night around 930 at the pasta pomodoro on san felipe road. authorities say that the restaurant was opened for business at the time of the fire. hit it was under control within 1/2 hour. >> a hit-and-run accident in san jose has left one person dead. residue from police flares, mark the spot where it all happen wednesday evening on the busy white road in san jose. witnesses told police, and pedestrian was struck and killed, as e.j. what southbound, near the vietnamese community center. there has been other accidents in
obama will improve the economy. >> the u.s. supreme court is scheduled to meet behind closed doors began today to consider reviewing the legal issues regarding same-sex marriage. that includes the challenge to california's controversial proposition 8. if the court refuses to review the prop. 8 case same-sex marriage would be legal in california and same-sex couples could marry as soon as next week. >> san jose firefighters are investigating three alarm fire that ripped through a...
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obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards met them outside of republican saxby chambliss' office. eventually, a few were let inside, but without the camera and media present. of course. that would have been the real story. >> folks are upset now. see what happens january 1 after you get the first paycheck and go, oh, this is what the fiscal cliff meant. yeah. whoo, 2013. >>> all right. the next story involves a new grassroots campaign that is starting. meant to draw attention to the nation's debt crisis. it is our "favorite story of the day." the campaign is called -- "the can kicks back." >> the campaign is aimed at young people and features former republican senator allen simpson, a rather spry allen simpson at that. >> stop instagraming your breakfast and tweeting your problems and getting on youtube so
obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards met them outside of republican saxby chambliss' office. eventually, a few were let inside, but without the camera and media present. of course. that would have...
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n%z >> california economy may not be growing as well as has been reported. the state took in revenues last month that were 11% below projections. taxes were really down 213%. a portion due to corporate tax refunds going out last month. sales taxes areo;m(u better than expected. controller warned california must be disciplined. >> the government's monthly jobs report better than expected last month, showing the economy added 146,000 new jobs in november. bringing unemployment rate to 7.7 prgs, that is lowest in four years. california farmers want to hire more, but can't knlt. a report shows 61% reported having a shortage of workers on the farm. waits worse for farmer growsing labor intensive crops like vegetables and crop crops -- grapes. 71% said they're short on employees. the pew report says the number of unauthorized immigrants commonly known to worng farms remained constant over three years. >> pilots at american airlines approved a new labor contract. the union addressed -- announced results today saying 74% of the pilots voted to ratify the contract. p
n%z >> california economy may not be growing as well as has been reported. the state took in revenues last month that were 11% below projections. taxes were really down 213%. a portion due to corporate tax refunds going out last month. sales taxes areo;m(u better than expected. controller warned california must be disciplined. >> the government's monthly jobs report better than expected last month, showing the economy added 146,000 new jobs in november. bringing unemployment rate to...
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Dec 8, 2012
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economy add 146,000 jobs last month. many predicted less than 100,000. the unemployment rate fell to a 4-year low of 7.7%. down from 7.9% in october. that report helped lift the dow that ended the day 81 points higher. not enough to boost the nasdaq that lost 11 points because of apple that declined 2.5%. >>> a report shows a surprising bang from the big bucks behind technology. silicone valley tech workers are creating more jobs simply by having one. >> reporter: lunchtime at the retail center in san jose can look like a race to eat with hungry workers from tech companies bringing their wallets and appetites. >> we to them a lot. deliveries, pick up orders, give them a big discount. they order from us a lot. >> reporter: a new report shows for every one high-tech job, 4.3 additional jobs and the local goods and services economy are created in the same region. >> anywhere you see concentration of high-tech workers you will see various other services pop up around them. restaurants, coffee shops, and, hair-cutting salon. various other services that worker
economy add 146,000 jobs last month. many predicted less than 100,000. the unemployment rate fell to a 4-year low of 7.7%. down from 7.9% in october. that report helped lift the dow that ended the day 81 points higher. not enough to boost the nasdaq that lost 11 points because of apple that declined 2.5%. >>> a report shows a surprising bang from the big bucks behind technology. silicone valley tech workers are creating more jobs simply by having one. >> reporter: lunchtime at...
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Dec 7, 2012
12/12
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. >>> good news for the economy. the job reports was 146,000 new jobs were a added last month and unemployment dropped to 7.7%, the lowest in four years. superstorm sandy caused work interruptions in the northeast but the weather had a minimal impact on the employment. >>> and millions of people receiving extended unemployment would lose them without an agreement to avoid the fiscal cliff sometime soon. here's danielle nottingham with where both sides stand on this friday. >> 2, 1. >> reporter: before the first family lit the national christmas tree, president obama said the mandatory spending cuts and tax hikes that could kick in 25 days from now are threatening to ruin the holidays for millions of americans. >> the american people are counting on this getting solved. >> reporter: the two parties are leaving negotiations to the two main power brokers, president obama and house speaker john boehner. >> if the president doesn't agree with our proposal, he has an obligation to families and small businesses to offer a p
. >>> good news for the economy. the job reports was 146,000 new jobs were a added last month and unemployment dropped to 7.7%, the lowest in four years. superstorm sandy caused work interruptions in the northeast but the weather had a minimal impact on the employment. >>> and millions of people receiving extended unemployment would lose them without an agreement to avoid the fiscal cliff sometime soon. here's danielle nottingham with where both sides stand on this friday....
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Dec 8, 2012
12/12
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the government says the storm played only a minimal role as the economy added 150,000 jobs. the unemployment rate fell to 7.7%, and that is a .2% drop. but those numbers were helped by people who stopped look for work and were not counted as unemployed. >>> on wall street, the dow is up 81 points. the s&p 500 edged up four. however, the nasdaq dropped 11 points. >>> the edge of the fiscal cliff is fast approaching. only 25 days away and going over it threatens to ruin the holidays for millions of americans. cbs reporter danielle nottingham says republicans are waiting for the president to make the next move. >> vice president joe biden at lunch with middle class americans who will take a $2,000 hit if their tax cuts expire at the end of the year. >> this is no time to add any additional burden. >> while the white house is pushing congress to renew middle class tax cuts, the president says he won't take any deal that extends tax cuts for the wealthiest americans. honor of the pearl harbor ak this is the only night of te year the beacon will shine. hared their fi >> it would t
the government says the storm played only a minimal role as the economy added 150,000 jobs. the unemployment rate fell to 7.7%, and that is a .2% drop. but those numbers were helped by people who stopped look for work and were not counted as unemployed. >>> on wall street, the dow is up 81 points. the s&p 500 edged up four. however, the nasdaq dropped 11 points. >>> the edge of the fiscal cliff is fast approaching. only 25 days away and going over it threatens to ruin the...
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Dec 3, 2012
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agree but if there is another way to get revenue from upper income americans that doesn't ruin our economy why don't we consider it? >> we won them to tell the american why they won't do it. >> the democratic controlled senate has are the agreed to extend the bush tax cuts for incomes under $250,000 but let the other tax cut expire. it is predicted their rugby at least a short-term deal released before the end of the year. >> of when it comes to a president's second inauguration at the crowd tends to be smaller. that will be the case again this january. the cross the present obama as inauguration on january 21st will be close to 800,000. that is the estimate right now. that is down quite a bit from the 1.8 million people crowded the national mall and 2008. >> i think that is san jose 1 01 northbound on the right-hand side. the commute has not started much, it looks fine. we will be right back. it looks like a positive day of trading the dow was up four points on friday. the nasdaq was up 1/2%. in national stockists stocks are on the rise. the institute for supply management releasing month
agree but if there is another way to get revenue from upper income americans that doesn't ruin our economy why don't we consider it? >> we won them to tell the american why they won't do it. >> the democratic controlled senate has are the agreed to extend the bush tax cuts for incomes under $250,000 but let the other tax cut expire. it is predicted their rugby at least a short-term deal released before the end of the year. >> of when it comes to a president's second...
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Dec 10, 2012
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. >> the way the economy is right now, i could lose it at any moment. i have no customers. to bring in another type of person to come dm my establish -- to come in my establishment. >> and frankie calls this place a private club and charges the $10 fee to smoke to get around the state ban on smoking in public places. >>> more money for holiday prices. the lundberg survey says gallon of gas is ten cents cheaper. the cheapest in california is $3.42 in stockton. the most expensive is in bakersfield at 3.73. the statewide average is 3.52. >>> you'll have more time to spend the extra savings. macy's says it will stay open for 65 hours straight, the weekend before christmas. good news for shopping but not for store employees. macy's will open at 7:00 a.m. friday, december 31st. will open nonstop until 9:00 p.m. it will start in a small scale. company says all 800 stores will take part. consumers are expected to spend $600 billion this holiday season. >>> it's a brisk holiday shopping season. now it's time to ship. fedex is gearing for the biggest day of the year, a record 19 mill
. >> the way the economy is right now, i could lose it at any moment. i have no customers. to bring in another type of person to come dm my establish -- to come in my establishment. >> and frankie calls this place a private club and charges the $10 fee to smoke to get around the state ban on smoking in public places. >>> more money for holiday prices. the lundberg survey says gallon of gas is ten cents cheaper. the cheapest in california is $3.42 in stockton. the most...
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Dec 6, 2012
12/12
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KRON
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our economy moving slightly higher. let us talk about apple. i will say apple is down 50% in the last three months apple is over $700 per share. >> it is 528 per share is down another 2%. >> what is going on at apple. >> are they going to go to the 0.0% are they going to go to 23.8, 49%, 44 percent, we do not know. republicans --this is a senate story a senate and congress store. apple a congress story. >> yes that makes sense. >> one of the biggest run ups--when the stock market pulled back on capital gains by the stock. if you want is them gratification it is not for you. i believe it is one of the lowest value companies. >> brian williams asking what is the next product. >> he says well when i wonder in my livermore and he says i see a tv. >> we're waiting for the next big thing in the apple field. >> i can tell you this a valuation basis i can pick the stock with my eyes closed. why have they not done a special dividend yet. it is kind of upset wall street. >> are they a victim of their own success. they have been so successful how you keep
our economy moving slightly higher. let us talk about apple. i will say apple is down 50% in the last three months apple is over $700 per share. >> it is 528 per share is down another 2%. >> what is going on at apple. >> are they going to go to the 0.0% are they going to go to 23.8, 49%, 44 percent, we do not know. republicans --this is a senate story a senate and congress store. apple a congress story. >> yes that makes sense. >> one of the biggest run ups--when...
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Dec 5, 2012
12/12
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it was estimated that the strike cost the local economy a billion dollars a day. >> as we take a break. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples. that's a given. you need safeway sugar for just $1.97. and that magic thing that makes everyone want another -- only $2.99 for challenge butter. and when hands get messy, quite surely they'll say, "yum! wow! yay! butter. what a sweeter holiday." safeway. ingredients for life. >> mall come back.along with the there was an accident at silver and there is there recent crash just before cesar chavez is still slowing down the commute. this am bound for weigh is starting to move a little better but it is still slow all the way from octavia street. there is also a report of flooding
it was estimated that the strike cost the local economy a billion dollars a day. >> as we take a break. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. your season is here. let's just call it the baking time of year. you need special...
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Dec 7, 2012
12/12
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KTVU
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say the country son the right track and majority think it's likely president obama will improve the economy. >>> oakland airport food service workers are threatening to strike during one of the busiest times of the year. union members picketed at the port of oakland yesterday on behalf of nonunion workers who say they have been mistreated for trying to organize. one woman complained she was fired for complaining about working conditions. >> who is going to support me? i have to pay more rent. i have to pay my food. >> union members want airport contractor to address nonunion workers complaints. they also want a new contract and want both by december 17th or they may go on strike. >>> 4:34 right now. bart is giving military veterans a leg up. the board of directors approved a new hiring policy yesterday. it gives veterans a 5% chance over other perspective workers. veterans must have six months of active status and honorable discharge and they must also pass is a new exam. >>> survivors of the attack on pearl harbor will be honored today in alameda. today is the 71st anniversary of the trage
say the country son the right track and majority think it's likely president obama will improve the economy. >>> oakland airport food service workers are threatening to strike during one of the busiest times of the year. union members picketed at the port of oakland yesterday on behalf of nonunion workers who say they have been mistreated for trying to organize. one woman complained she was fired for complaining about working conditions. >> who is going to support me? i have to...
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no specific details yet on the agreement. >>> in other news, there are some new, great signs the economy is rebounding. home sales have shot up big time, in fact. abc's david muir looks at what is behind the real estate turnaround. >> reporter: call it an early christmas gift for millions of americans who own homes. new signs home values are finally on the rise again. the biggest spike in arizona where home prices are up more than 21%. >> this is quite a streak. >> reporter: you will remember our drive-through, the neighborhood outside phoenix, ground zero, for the housing crash five years ago, foreclosed, for sale, for rent. 130 homes for sale in the one neighborhood alone. sharon was trying to sell them. what did they buy their home for? >> $308,000. >> reporter: what is it listed at now? >> $130,000. >> $130,000. >> reporter: our jaws dropping back then. we were stunned when we checked in with the same realtor. in the last six months how many homes have sold in that one subdivision alone? >> there are 163 homes that sold in the last six months. >> reporter: we were standing there when
no specific details yet on the agreement. >>> in other news, there are some new, great signs the economy is rebounding. home sales have shot up big time, in fact. abc's david muir looks at what is behind the real estate turnaround. >> reporter: call it an early christmas gift for millions of americans who own homes. new signs home values are finally on the rise again. the biggest spike in arizona where home prices are up more than 21%. >> this is quite a streak. >>...
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>>> new information about how the fiscal cliff standoff is hitting the economy. the add pressure on washington to reach >>> live look from our vollmer peak cam east bay hills bay bridge there, you can see how chilly it is in spots and you don't see fog. both those conditions are out there. mike will update you on that in a few minutes. >>> in an hour the labor department will release november jobs report analysts the unemployment rate to remain at 7.9%. economists blame everything from sandy to worries over the fiscal i cliff. >> reporter: the fiscal cliff is still three weeks ago the economy may have already taken a hit economists predict the jobs report will show employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are tal
>>> new information about how the fiscal cliff standoff is hitting the economy. the add pressure on washington to reach >>> live look from our vollmer peak cam east bay hills bay bridge there, you can see how chilly it is in spots and you don't see fog. both those conditions are out there. mike will update you on that in a few minutes. >>> in an hour the labor department will release november jobs report analysts the unemployment rate to remain at 7.9%. economists...
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>> well, higher taxes are not expected to be a major hit to the economy. if you're looking for a job it's hard to hear about a possible slow down in highering. governor brown got voters last month to approve proposition 30. a temporary income tax increase and a boos0qz the sales tax to save public schools. but a new anderson forecast called it a double edged sword because that will have a slight drag on the committee, slowing california growth. >> republicans have been saying that sometime. it change behaviors. it's dampening economic recovery. >> the forecast estimates payroll growth hovering between 1% and 2% in next two years. it predicts the rate will average 10.5% by the end of the year, then improve to 9.7% next year with the jobless rate around 8.4% in 2014. >> jerry shelton is a school finance consultant and says the report doesn't take into aif the kth what would have happened if voters rejected prop 30. $6 billion in cuts, mostly to public education. he thinks$c]b californians wano trade short term economic growth for an investment in kids. >> w
>> well, higher taxes are not expected to be a major hit to the economy. if you're looking for a job it's hard to hear about a possible slow down in highering. governor brown got voters last month to approve proposition 30. a temporary income tax increase and a boos0qz the sales tax to save public schools. but a new anderson forecast called it a double edged sword because that will have a slight drag on the committee, slowing california growth. >> republicans have been saying that...
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monetary fund warns that failing to reach a deal will have far-reaching consequences for the american economy. >> quick fix isn't the answer for the fiscal crisis says the director of the international monetary fund. a more comprehensive solution is needed. the chief says any deal between president obama and congressional republicans must do more than simply avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts, stops people from making decision. >> bud washington's top leader, house speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another week. >> democrats show no signs of backing off from supporting the president's hard-line stance on raising the incomes tax rate for the rich. >> we democrats realize there have to about two sides to the bargain, but in 2011 we put both revenues and cuts on the table. >> but one republican senator revealed this week that tax increases might help solve america's debt cr
monetary fund warns that failing to reach a deal will have far-reaching consequences for the american economy. >> quick fix isn't the answer for the fiscal crisis says the director of the international monetary fund. a more comprehensive solution is needed. the chief says any deal between president obama and congressional republicans must do more than simply avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts,...
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that's good fuel economy. but far short of the 47 m p g that ford claims. >> ford contend it heard from some of the drives of fusion that they have gotten more than 47 miles per hour. and ford adds that driving styles another factor can cause mileage to vary. >> back to football now. festive raider fans have made their mark as most outlandish in football. raider nation truly in the league of its own. katie checked in with fans at raiderville before tonight's game. >> raider fans dedicated as they are decorated. most are outgoing. some are shy like she wouldn't tell me her age. >> she's young at heart. >>reporter: she and her son came up from l.a. >> this is our first raider game so this is exciting for u us. >>reporter: excitement and for some acceptance. >> that's right. it's all about having a good time. raiders broncos tonight matter all about having a good time. >>reporter: good time easy to find in raiderville and fans get to meet former players and snag an autograph but super fan james sorenson of haywar
that's good fuel economy. but far short of the 47 m p g that ford claims. >> ford contend it heard from some of the drives of fusion that they have gotten more than 47 miles per hour. and ford adds that driving styles another factor can cause mileage to vary. >> back to football now. festive raider fans have made their mark as most outlandish in football. raider nation truly in the league of its own. katie checked in with fans at raiderville before tonight's game. >> raider...
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illegal immigration will not go back up any time soon because of our declining economy. >>> head coach dennis allan will be back with the team. allan came back to the bay area from texas and spent final moments with his father. grady allan died tuesday at the age of 66. >>> and 49ers take another step closer to finishing their stadium. coming up, the signing ceremony will mark a very special occasion. >>> and right now checking on traffic, there is definitely some fog out there. tara sees it on the san mateo bridge. >>> we saw some of it in that area and it is in patches and doesn't seem to be too bad. that is so we just want to make sure folks are aware of it and we will head out to the toll plaza. that is the most congested spot. we see a fire truck and we have a wait here which extends almost to the mcarthur maze, so give yourself an extra 15 minutes to get to san francisco. you can see traffic is moving nicely in both directions here and then in the south bay, this is 237 milpitas, folks are headed westbound towards sunny veil and it's a little bit of a delay, here is steve. >>> we
illegal immigration will not go back up any time soon because of our declining economy. >>> head coach dennis allan will be back with the team. allan came back to the bay area from texas and spent final moments with his father. grady allan died tuesday at the age of 66. >>> and 49ers take another step closer to finishing their stadium. coming up, the signing ceremony will mark a very special occasion. >>> and right now checking on traffic, there is definitely some fog...
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that's good fuel economy. but far short of the 47 m p g that ford claims. >> ford contend it heard from some of the drives of fusion that they have gotten more than 47 miles per hour. and ford adds that driving styles another factor can cause mileage to vary. >> back to football now. festive raider fans have made their mark as most outlandish in football. raider nation truly in the league of its own. katie checked in with fans at raiderville before tonight's game. >> raider fans dedicated as they are decorated. most are outgoing. some are shy like she wouldn't tell me her age. >> she's young at heart. >>reporter: she and her son came up from l.a. >> this is our first raider game so this is exciting for u us. >>reporter: excitement and for some acceptance. >> that's right. it's all about having a good time. raiders broncos tonight matter all about having a good time. >>reporter: good time easy to find in raiderville and fans get to meet former players and snag an autograph but super fan james sorenson of haywar
that's good fuel economy. but far short of the 47 m p g that ford claims. >> ford contend it heard from some of the drives of fusion that they have gotten more than 47 miles per hour. and ford adds that driving styles another factor can cause mileage to vary. >> back to football now. festive raider fans have made their mark as most outlandish in football. raider nation truly in the league of its own. katie checked in with fans at raiderville before tonight's game. >> raider...
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. >>> stocks edged lower on fears the threat from the fiscal cliff might put a damper on the economy. the dow is down 59 to 12,965. the nasdaq is down 8 at 3,002. the s&p is down 6 at 1,409. coming up at 5:45 p.m., car sales reach a level they haven't seen in years. plus the potential impact the fiscal cliff could have. >>> mitt romney is back at his old job. he is rejoining the board at mareiate international -- marriott international. they have a long standing friend ship. >>> coming up, we have shown you this sink hole developing, what they are doing get things back to order in this neighborhood. >> a nice break today. the rainfall ending, giving us a break but there are more showers headed our way. i will have the timing on the showers in 10 minutes. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. u-verse high speed internet. you k
. >>> stocks edged lower on fears the threat from the fiscal cliff might put a damper on the economy. the dow is down 59 to 12,965. the nasdaq is down 8 at 3,002. the s&p is down 6 at 1,409. coming up at 5:45 p.m., car sales reach a level they haven't seen in years. plus the potential impact the fiscal cliff could have. >>> mitt romney is back at his old job. he is rejoining the board at mareiate international -- marriott international. they have a long standing friend...
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it's the latest evident by a retailer to squeeze every last dollar out of a shaking economy. >>> new boots became an instant online hit but today a homeless new york city man is back on the streets and barefoot. the "new york times" found the man identified as jeffrey hillman wandering barefoot in manhattan last night. when asked about the $100 boots that a new york city officer was seen giving him, hillman said he had hit them because they are worth a lot of money. hillman told the reporter he was grateful for the gift but was also wants a piece of the pie apparently saying the photo of him receiving the boots was posted online without his permission. it was an arizona tourist who witnessed the gift-giving. her photo went viral after it was posted on facebook. so... he wants a piece of the pie. >> i guess. what does that mean? >> he got boots. he should be happy with that. >>> let's check the weather. >> we can relax for a day after stormy weather around the bay area. we are catching a break between all those storms and we can use it. you know what, hi-def doppler has been very busy
it's the latest evident by a retailer to squeeze every last dollar out of a shaking economy. >>> new boots became an instant online hit but today a homeless new york city man is back on the streets and barefoot. the "new york times" found the man identified as jeffrey hillman wandering barefoot in manhattan last night. when asked about the $100 boots that a new york city officer was seen giving him, hillman said he had hit them because they are worth a lot of money. hillman...
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the country is on the right track and a majority believe is likely president obama will improve the economy. however americans are divided on what a president he has been. but 37 percent think he's been above or above average or outstanding. 36 percent say below average or four. >> the us supreme court scheduled to meet behind closed doors again today to consider reviewing the legal issues regarding same-sex marriage. that includes a challenge to california's controversial controversy old proposition 8. if the court refuses to review the prop a case same-sex marriage could be legal in california as soon as next week. the court also the case on hold for you other decision on the lot. this isn't could come today or monday -- decision san jose firefighters are investigating a three alarm fire that ripped through a restaurant around 930 last night. the pasta, door on san felipe a row. of 30's address from was all from her business at the time of the fire. it was under control within half an hour there were no injuries reported. >> a deadly acts of san jose has left one person dead. it happened
the country is on the right track and a majority believe is likely president obama will improve the economy. however americans are divided on what a president he has been. but 37 percent think he's been above or above average or outstanding. 36 percent say below average or four. >> the us supreme court scheduled to meet behind closed doors again today to consider reviewing the legal issues regarding same-sex marriage. that includes a challenge to california's controversial controversy old...
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economy into another recession. >>> people on both sides of the controversial same sex marriage issue will be closely watching the u.s. supreme court this morning. just an hour and a half from right now the high court is due to release another list of cases. coming up at 5:15 what it will mean if california's proposition 8 is on that list and what it means if it's not. >>> muni and other agencies are thinking about a controversial plan when it comes to their fair rates. muni is considering basing how much people pay on how much money they earn. according to the examiner some people don't think it's fair that people who are struggling to pay their bills have to pay $64 for a monthly pass while senior citizens who have more money are only paying $22 for the same fair. now this newest plan was triggered by the debate over providing free muni passes to low income youth. >>> 5:04 is the time. we are still talking about that accident in livermore. let's go to tara. >> this is on 580 eastbound. it happened at flin road. we had a high speed chase involving two chp patrol cars. one ended up fl
economy into another recession. >>> people on both sides of the controversial same sex marriage issue will be closely watching the u.s. supreme court this morning. just an hour and a half from right now the high court is due to release another list of cases. coming up at 5:15 what it will mean if california's proposition 8 is on that list and what it means if it's not. >>> muni and other agencies are thinking about a controversial plan when it comes to their fair rates. muni...
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despite an economy that continues to struggle. a spokesperson with excess that they are expecting about 10 percent increase over last year between things living christmas. today 19 million packages along will go through the international network and the company plans to become worse as a reason for the increase. the busiest day for ups rejected the december 22nd that company also credits the commerce as the reason for an expected 6% increase in business. >> cable-tv subscribers may have to read more cable boxes. a federal rule change and they will allow cable companies to scramble all of their programming, including local broadcast and public stations. >> the devil co. say this will allow them to reduce that prevent people from watching program they didn't pay for and improve customer service. >> the federal commission's --the federal communications commission's as riveted the inscription of basic cable since 1994. but in october, the commission voted to allow it. >> mobile payments company square says it is now offering digital g
despite an economy that continues to struggle. a spokesperson with excess that they are expecting about 10 percent increase over last year between things living christmas. today 19 million packages along will go through the international network and the company plans to become worse as a reason for the increase. the busiest day for ups rejected the december 22nd that company also credits the commerce as the reason for an expected 6% increase in business. >> cable-tv subscribers may have...
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amazon says distribution centers are still hiring some say it is a sign the economy is improving. u.s. mint says saefls american eagle cold coins has more than doubled in november. some investors say people see the coins to hedge if lawmakers fail to cut a deal to avert fiscal live. at the new york stock exchange, i'm jane king with the bloomberg business report. >>> this morning the search continues for an 11-year-old cancer patient, police say the girl known as emily was taken out of a fee thing hospital by her mother the day before -- out of a phoenix hospital by her mother the day before she was to be discharged. video captures them walking out of the hospital 1030 -- 10:30 wednesday. >> we have an 11-year-old girl, her parents are removing her from the hospital and putting her danger she could obtain an infection tan die within a couple of days. >> ly and her family were seen driving away in blake minivan. coming up at 7:00, why police fear her family may be especially difficult to track down. >>> this one looks like it is out of a movie, three firefighters injured at the sce
amazon says distribution centers are still hiring some say it is a sign the economy is improving. u.s. mint says saefls american eagle cold coins has more than doubled in november. some investors say people see the coins to hedge if lawmakers fail to cut a deal to avert fiscal live. at the new york stock exchange, i'm jane king with the bloomberg business report. >>> this morning the search continues for an 11-year-old cancer patient, police say the girl known as emily was taken out of...
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. >> defense aerospace big part of southern california economy so those cuts would develop effect there. >>reporter: this afternoon speaker of the house boehner delivered the g.o.p. proposal. which would reduce the national debt by 2.2 trillion dollars including 800 billion in new tax revenue but would leave the bush tax cuts to the top 2% in place. photo op today the president ignored reporter questions about that republican plan but later in a statement the white house rejected it. we believe a deal will be struck before the deadline and it will be the republicans that give ground. >> i think this time around obama has learned from his past mistakes and more importantly he has the advantage that if he does nothing he's in better shape than the republicans are. >>reporter: professor says republican holding the middle class hostage trying to force the president hand. problem is they can't afford to carry out the threat. if the g.o.p. is blamed for raising taxes on everybody because they were trying to protect the rich, be putting themselves in a dark hole. in the newsroom, abc 7 news. >
. >> defense aerospace big part of southern california economy so those cuts would develop effect there. >>reporter: this afternoon speaker of the house boehner delivered the g.o.p. proposal. which would reduce the national debt by 2.2 trillion dollars including 800 billion in new tax revenue but would leave the bush tax cuts to the top 2% in place. photo op today the president ignored reporter questions about that republican plan but later in a statement the white house rejected...
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treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says
treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and...
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it is down more than 20% on the year and lists blame technical concerns, the global economy and today's court hearing in the battle against samsung for yesterday's drop. >>> a gay blocker will be there because of a controversial photo, we will have more on what a judge has ordered. >>> a new perfect fume that could make you hungry, we will have more on the fast food chain that is launching the product, stay tuned. ñsxóxgñ . >>> welcome back to the ktvu channel 2 morning news, a new jersey congressman is calling for tighter regulations after that derailment and chemical spill. they say they cannot regulate themselves and they say the crash released vinyl chloride into the air and forced many people from their homes. >>> they will continue to collect and sort items. now the city said ash bury is going to shut down and workers say they have now been told to comply. he took a photo as he pleaded not guilty to disorderly conduct and skott weaner was found inside a bathroom last october. he criticizes him and that photo did not overstep any boundaries. >> we will be fighting this case and
it is down more than 20% on the year and lists blame technical concerns, the global economy and today's court hearing in the battle against samsung for yesterday's drop. >>> a gay blocker will be there because of a controversial photo, we will have more on what a judge has ordered. >>> a new perfect fume that could make you hungry, we will have more on the fast food chain that is launching the product, stay tuned. ñsxóxgñ . >>> welcome back to the ktvu channel 2...
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economy $1 billion a day. >>> all right, roberta gonzales. in for paul deanno, good to see you. >> always good to see you, dana and allen. [ laughter ] >> both of you. i think you guys just allowed me it come in to dry off for a couple of days here after a soaking week. boy, today did we have plenty of precipitation around the bay area. good evening, everyone. let's go ahead to berkeley where today, nearly 9/10ths of an inch of rain fell just today alone so people were out and about with their umbrellas and everybody has been asking, what does this mean for the high sierra? this is our weather camera in the greater lake tahoe area. we did have two feet of snow above 7,000 feet but for the most part high temperatures there today was in the upper 40s. a very warm storm. but right now, it's live, it's high-def doppler radar. it's still picking up some very light precipitation. primarily around highway 101 for the evening commute. anywhere from morgan hill all the way into gilroy but that's it. the system is out of here after producing some copio
economy $1 billion a day. >>> all right, roberta gonzales. in for paul deanno, good to see you. >> always good to see you, dana and allen. [ laughter ] >> both of you. i think you guys just allowed me it come in to dry off for a couple of days here after a soaking week. boy, today did we have plenty of precipitation around the bay area. good evening, everyone. let's go ahead to berkeley where today, nearly 9/10ths of an inch of rain fell just today alone so people were out...
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economy. at the new york stock exchange, i'm jane king. >>> attempted jail break didn't go as planned. left screaming for help after he got stuck halfway through a wall. firefighters came to his aid. the 28-year-old had followed a fellow inmate, probably a skinnier one. officials say the first prisoner was, like i guessed, smaller man who managed to escape this guy, he was a little too wide. >> probably -- >>> we have great weather coming our way, a lot of skiers are saying give us more snow. >> they will be making . this weekend temperatures in the 20s, tahoe they will be making it on the resorts that are open. good morning. here's a beautiful picture from sutro tower clean air over san francisco to the lights of the east bay hills. live doppler we can see top to bottom, east to west, dry radar returns not going to have any rain for a while. we'll keep it on, just in case. always like to have it up there, trying to find out when the next system is coming our way. 37 santa rosa, 40s inland, th
economy. at the new york stock exchange, i'm jane king. >>> attempted jail break didn't go as planned. left screaming for help after he got stuck halfway through a wall. firefighters came to his aid. the 28-year-old had followed a fellow inmate, probably a skinnier one. officials say the first prisoner was, like i guessed, smaller man who managed to escape this guy, he was a little too wide. >> probably -- >>> we have great weather coming our way, a lot of skiers are...
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that's a big blow to an economy just getting out of a crisis. >> the strike is not only costly to the economy, it could also delay shipments of merchandise to be shoulder over the holiday season. >>> time now 6:40. tech gadgets are the hot items on this year's wish list. cnet's brian cooley is here to break down the top picks. >> the early numbers on the stock market a mixed bag. lots of time though. we'll chat about it with jason brooks when we come back. be at bank of america, we're continuing to lend and invest in the people, businesses, and organizations that call the bay area home. whether it's helping a nonprofit provide safe, affordable housing within the city, supporting an organization that's helping kids find jobs and stay in school, or financing the expansion of a local company that's creating healthier workplaces, what's important to the people of the bay area is important to us. and we're proud to work with all those who are making our communities stronger. powerful typhoon in the philippines. typhoon bop (boe-pah) roared ashore this morning with winds of 110 ms per hour.
that's a big blow to an economy just getting out of a crisis. >> the strike is not only costly to the economy, it could also delay shipments of merchandise to be shoulder over the holiday season. >>> time now 6:40. tech gadgets are the hot items on this year's wish list. cnet's brian cooley is here to break down the top picks. >> the early numbers on the stock market a mixed bag. lots of time though. we'll chat about it with jason brooks when we come back. be at bank of...
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treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says
treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and...
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the economy added fewer jobs than some hoped. we'll go live to jane king at 6:45 to see how investors are die jetting that news. -- are digesting that news. >>> thanks for joining us i'm eric thomas. >>> and i'm kristen sze. a few patches of fog. >>> not much widely scattered. >>> inland valleys where we find most of fog dominating those areas, bay and to the coast clear and rain-free as you can see on live doppler. less than quarter mile visibility at reporting station in livermore, quarter mile napa and novato santa rosa three, fairfield, unlimited around the bay out to the coast. by the afternoon hours, it is the sunshine and mild temperatures that will dominate bay as we top out in the upper 50s to low 60s inland fog for the better part of the morning commute, it will start lifting by noon, low to mid 50s there, sunny, high clouds mid to upper 50s by 4:00. at the coast clear conditions this morning, kind of cool, upper 40s to low 50s, low to mid 50s noon, mid to upper 50s with mostly sunny conditions and light breeze all temp
the economy added fewer jobs than some hoped. we'll go live to jane king at 6:45 to see how investors are die jetting that news. -- are digesting that news. >>> thanks for joining us i'm eric thomas. >>> and i'm kristen sze. a few patches of fog. >>> not much widely scattered. >>> inland valleys where we find most of fog dominating those areas, bay and to the coast clear and rain-free as you can see on live doppler. less than quarter mile visibility at...
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Dec 7, 2012
12/12
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suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>> remember that card we talked to you about the gift card star buck stainless steel gift card goes on sale today. and also as the copy chain plans to open 1500 new locations. so people like starbucks. >>> time now 5:20. new problems this morning for katt williams. there is a new arrest warrant. we'll also tell you what his managers are saying about claims he has retired. >>> plus a new push to change airline policies. how it's connected to the growing popularity of e readers and tablets. >>> you can wake up with ktvu every morning get the mornings top stories that developed while you were sleeping sent straight to your c
suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>> remember that card we talked to you about the gift card star buck...
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Dec 5, 2012
12/12
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the mayor says the strike is costing the local economy billions of dollars. >>> in egypt today huge crowds gathered outside the presidential pal toys protest what they say is the government's abuse of power. more than 100,000 egyptians took part in the protest breaking through bashed wire around the palace. a nationwide referendum on the controversial draft constitution is set for december 15. egyptian media will shut down tomorrow to join the protest. >>> nato members agreed today to deploy a patriot anti- missile system in turkey to protect the country against any crossfire from syria. this comes as syrian rebels released a video reportedly showing air attacks by government fighters and heavy damage to buildings in damascus suburbs. the obama administration is hoping that russia will goin the international community in forming a coalition against syria's president. >> we want to work with russia as we've said many times on the bases of the gene eva action group's c miewn kay. >> nato's secretary-general also echoed warnings by president obama against the use of chemical weapons by the sy
the mayor says the strike is costing the local economy billions of dollars. >>> in egypt today huge crowds gathered outside the presidential pal toys protest what they say is the government's abuse of power. more than 100,000 egyptians took part in the protest breaking through bashed wire around the palace. a nationwide referendum on the controversial draft constitution is set for december 15. egyptian media will shut down tomorrow to join the protest. >>> nato members agreed...
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Dec 4, 2012
12/12
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the huge toll it's taking on the economy. >> and a big sinkhole in the ground and a new storm on the way. we are learning how long an east bay neighborhood could have to live with this mess. >> and we're live in san francisco where all muni trains are back up and running after a power outage caused all of them to shut down last night. i spoke with the muni spokesman on the phone who says how they were able to get back up and running so quickly. ,,,,,,,, look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. you won't take our future. aids affects us all. e
the huge toll it's taking on the economy. >> and a big sinkhole in the ground and a new storm on the way. we are learning how long an east bay neighborhood could have to live with this mess. >> and we're live in san francisco where all muni trains are back up and running after a power outage caused all of them to shut down last night. i spoke with the muni spokesman on the phone who says how they were able to get back up and running so quickly. ,,,,,,,, look at you guys with your...
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Dec 3, 2012
12/12
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KRON
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and 200 billion in new spending to is that stimulate the economy. treasury secretary jim guy near saying republicans do not have a plan. as far as where we are with the fiscal cliff negotiations right now, we are nowhere. >> said in an moderations tend to be smaller if the president is having a second one. this coming january's inauguration for president obama will follow the same trend. there'll be close to 800,000 down from the million that crowded the national mall four years ago. >> the time is now 5:34 a.m. and the morning commute looks to be pretty good as far as the weather goes. this and the sale bridge looks great, a clear dry an easy ride. we will be right back. hong ♪ secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. let's take a quick look at the weather. it looks like mid-week but weather will be nice and mild into the weekend. all in all, not a bad looking for cast. we will get a deta
and 200 billion in new spending to is that stimulate the economy. treasury secretary jim guy near saying republicans do not have a plan. as far as where we are with the fiscal cliff negotiations right now, we are nowhere. >> said in an moderations tend to be smaller if the president is having a second one. this coming january's inauguration for president obama will follow the same trend. there'll be close to 800,000 down from the million that crowded the national mall four years ago....
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Dec 7, 2012
12/12
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country is on the right track and majority believe it's likely president obama will approve the the economy. >>> the national football league says it would help the oakland raiders build a new stadium. roger goodell says it's crucial the raiders improve their stadium situation and the national football league would help pay for a new one. the raiders and city of oakland have held talks about a new stadium but there is nothing certain yet. commissioner goodell said the raiders could share the 49ers new stadium but that deal would have to be worked out between those two teams. >>> bart is trying to do something for military veterans giving them some help in getting a job. the board of directors approved a new hiring policy yesterday. it gives military veterans a 5% chance over other possible perspective workers. the veterans have to have six months of active status and honorable discharge. they also have to pass an exam. the new policy begins at the beginning of the new year. >>> stretch of highway 1 that was closed down because of the recent wet weather could be back open today. it's between
country is on the right track and majority believe it's likely president obama will approve the the economy. >>> the national football league says it would help the oakland raiders build a new stadium. roger goodell says it's crucial the raiders improve their stadium situation and the national football league would help pay for a new one. the raiders and city of oakland have held talks about a new stadium but there is nothing certain yet. commissioner goodell said the raiders could...
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economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months before the bread brand wraps up again. >>> estimated 300 million dollar magic kingdom make overincludes pagers so and serving beer and wine themó?5to past five years. >>> abc7 is owned by disney. >>> big change that could be coming to storm warnings because of superstorm san >> dispute forcing bay area -- >>> welcome back. check out last three hours on live doppler, quiet radar returns over the ocean is the beam shooting into the clouds nothing is talling but moist with mist hanging in the -- nothing is falling but moist with th
economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months...
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treasury secretary timothy geithner discusses potential impacts on the economy as the high stakes political poker game plays out on capitol hill. it's all coming up on abc this week with george stephanopoulos right here on abc7. >>> a san francisco man and his lost service dog are back together this morning. it's a story you will see only on abc7 news. >> good girl! oh, my sweetness! >> we first brought you the story nearly two weeks ago after someone stole his best friend and constant companion from outside the davis medical center. he took lola, a four-year-old yorkshire terrier everywhere, including to his dialysis appointments. his neighbor tracy took up the cause to find lola and got an e-mail yesterday. >> a woman said i found a dog running around lake merit in oakland and i could tell it was probably lost. i brought it home and i think it's your dog. >> thank you everybody so much! >> and it was, indeed, lola. the woman who found the dog called us first, and we gave her the neighbor tracy's e-mail. so quite the reunion there. we are so happy for him. lisa argen, our meteorologist, is
treasury secretary timothy geithner discusses potential impacts on the economy as the high stakes political poker game plays out on capitol hill. it's all coming up on abc this week with george stephanopoulos right here on abc7. >>> a san francisco man and his lost service dog are back together this morning. it's a story you will see only on abc7 news. >> good girl! oh, my sweetness! >> we first brought you the story nearly two weeks ago after someone stole his best friend...
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Dec 8, 2012
12/12
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KRON
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the u-s economy added more than analysts expected. the unemployment rate fell to 7.7 percent from 7.9 percent. but mainly because more people gave up looking for work. waldman found certain sectors in the bay area are showing promise >> on a new job report unemployment. last month, 146-thousand right now the unemploymentdo note that does not development department. >> some growth is recovery had, some is net job growth breaking it down by area.and start in the east bay. happening in retail,the biggest category for job gains are in professional and business services,>> we had seen tech growth,but numbers were down for government and finacial and >>pam: a stranded at oakland oak youth group a oakland christian youth group is now depending on the charity of others after their were burglarized and left with nothing on the other side of the nation! thieves broke into a van and the group while they were visiting florida the group of about two dozen teens and young adults stopped to eat a restaurant yesterday afternoon after arriving in fort
the u-s economy added more than analysts expected. the unemployment rate fell to 7.7 percent from 7.9 percent. but mainly because more people gave up looking for work. waldman found certain sectors in the bay area are showing promise >> on a new job report unemployment. last month, 146-thousand right now the unemploymentdo note that does not development department. >> some growth is recovery had, some is net job growth breaking it down by area.and start in the east bay. happening in...